Bournemouth – Albany House, West Howe Industrial Estate, Elliott Road, BH11 8JH
The property comprises a self-contained light industrial/trade unit with ancillary office accommodation totalling c.23,000 sq ft on a site of c.0.98 acres with 14 allocated car parking spaces.
The Property is let to Grafton Merchanting GB Ltd [D&B 5A2] for a term expiring 3rd March 2025 thereby providing 4.1 years term certain at an annual rent of £127,250 ( £5.53 per sqft).
Offers in excess of £1,995,000 which reflects a net initial yield of 6% after purchase costs of 6.27%.
